Flagship Harbor Advisors LLC Raises Stock Holdings in Invesco Aerospace & Defense ETF (NYSEARCA:PPA)

Flagship Harbor Advisors LLC raised its holdings in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 7.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 22,048 shares of the company’s stock after purchasing an additional 1,544 shares during the quarter. Flagship Harbor Advisors LLC owned 0.07% of Invesco Aerospace & Defense ETF worth $2,530,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of PPA. LPL Financial LLC raised its stake in shares of Invesco Aerospace & Defense ETF by 1.5% in the 3rd quarter. LPL Financial LLC now owns 1,392,972 shares of the company’s stock valued at $160,150,000 after purchasing an additional 20,169 shares in the last quarter. Axxcess Wealth Management LLC raised its stake in Invesco Aerospace & Defense ETF by 3.3% during the third quarter. Axxcess Wealth Management LLC now owns 347,210 shares of the company’s stock valued at $39,919,000 after buying an additional 11,122 shares in the last quarter. Raymond James & Associates increased its holdings in shares of Invesco Aerospace & Defense ETF by 20.8% in the 3rd quarter. Raymond James & Associates now owns 292,618 shares of the company’s stock valued at $33,642,000 after acquiring an additional 50,360 shares during the last quarter. International Assets Investment Management LLC raised its position in shares of Invesco Aerospace & Defense ETF by 10,225.1% during the 3rd quarter. International Assets Investment Management LLC now owns 278,674 shares of the company’s stock valued at $32,039,000 after acquiring an additional 275,975 shares in the last quarter. Finally, Cetera Investment Advisers lifted its stake in Invesco Aerospace & Defense ETF by 8.2% during the second quarter. Cetera Investment Advisers now owns 244,062 shares of the company’s stock worth $25,070,000 after purchasing an additional 18,544 shares during the last quarter.

Invesco Aerospace & Defense ETF Price Performance

PPA stock opened at $122.21 on Friday. The firm has a market cap of $3.81 billion, a price-to-earnings ratio of 33.87 and a beta of 0.73. Invesco Aerospace & Defense ETF has a 1-year low of $89.74 and a 1-year high of $124.89. The firm has a fifty day moving average price of $118.02 and a two-hundred day moving average price of $114.39.

Invesco Aerospace & Defense ETF Company Profile

PowerShares Aerospace & Defense Portfolio (Fund) seeks investment results that correspond generally to the price and yield of the SPADE Defense Index (the Index). The Index is designed to identify a group of companies involved in the development, manufacturing, operations and support of the United States defense, homeland security and aerospace operations.